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Jan 17, 2013
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would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion 234 in . >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military personnel saw an increase in health care premiums. now, there are two things republicans love. the military and reducing the deficit. republican should be thrilled with the public option. how can you make a hundred billion dollar mistake? who's doing the math? will it save or won't it save? let's turn to the author of the bill, january schawowsky of illinois. >> i'm so happy that wendy is doing well. >> thank you. we appreciated your phone calls very much. congresswoman, the math? >> the estimate is it's $104 billion over 10 years. it saves the government money. in terms of the subsidies, in the exchanges, it would be one option
would also provide immediate relief to small businesses and the federal government and all parts of the economy. for example, former defense secretary robert gates has warned the rising -- he has warned of rising military costs for years. >> sharply rising health care costs are consuming an ever-larger share of this department. growing from 19 billion 234 in . >> military health care costs have gone up 300% in the past decade. 2012 was the first year since 1995 military personnel...
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Jan 14, 2013
01/13
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. >>> the president is starting off the new year ready to fight. now, he's taking on republicans who are threatening to let the government default on his loans. the president's message to republicans at a news conference today w
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right...
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Jan 21, 2013
01/13
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and that's where they have to work together to turn the economy around. because that's of course what is going to be -- >> even if he decided not to run, he would keep that a secret as long as he could. because that's his leverage, isn't it, david gergen? we knew in the second term dick cheney was not going to run in the bush years and you saw he lost some foreign policy issuei. if the first year, he was dominant. and he was not as big a force in the republican party because people knew he was not going to be on the electoral battlefield. >> i think that's right, john. from his point of view, what he also -- he has to worry not only about whether hillary clinton's going to get in, not only about his own age and health, he has to worry about the overall success of this partnership. he has a very strong self-interest in seeing barack obama succeed. as you well know, after eight years of one party being in office, it's not easy to hold on to that office. and one of the things that helped to elect george h.w. bush at the end of reagan was reagan went out on a
and that's where they have to work together to turn the economy around. because that's of course what is going to be -- >> even if he decided not to run, he would keep that a secret as long as he could. because that's his leverage, isn't it, david gergen? we knew in the second term dick cheney was not going to run in the bush years and you saw he lost some foreign policy issuei. if the first year, he was dominant. and he was not as big a force in the republican party because people knew...
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Jan 21, 2013
01/13
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of the vitality healthyfood program... and one more way humana medicare can help you choose what's good for your health and your wallet. so you can spend a little less money... and spend a little more time sharing what you know with the people who matter most. humana. ♪ i have to know the weather patterns. i upgraded to the new sprint direct connect. so i can get three times the coverage. [ manager 2 ] it's like working in a giant sandbox. with all these huge toys. and with the fastest push-to-talk... i can keep track of them all. [ male announcer ] upgrade to the new "done" with access to the fastest push-to-talk and three times the cove
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. come with a little extra help in the kitchen. in a first of its kind partnership with walmart, humana medicare plans now include 5% savings on great for you healthier foods at walmart! it's part of the vitality healthyfood program... and one more way...
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Jan 15, 2013
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. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing, that intractable problems, political problems, can somehow be solved over a card game and a couple of drinks. that has never, ever been the case nor will it ever be the case. >> i like speaker boehner personally. and you know, when we went out and played golf we had a great time. but that didn't get a deal done in 2011. >> the president actually had to remind the media that congressional behavior is the result of democracy. >> now if the american people feel strongly about these issues and they push hard and they reward, or don't reward members of congress with their votes, if -- you know if -- if they reject sort o
. >> that would be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing,...
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Jan 15, 2013
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economy. they are demanding more spending cuts before they agree to raise the nation's debt ceiling. the debt ceiling is announcing the amount of money the states can borrow. today the president responded to some republicans who say they are willing to shut down the government if the president doesn't back down. ultimately congress makes decisions about whether or not we spend money and keep the government open. if they decide they want to shut down the government in order to get their way they have the votes in the house of representatives to do that. i think that would be a mistake. >> john boehner responded the american people do not support raising the debt ceiling without reducing government spending statement. wendell, a government shut down, is that something that really might happen? neither side is ready to blink yet. he has laid out they are ready to compromise if possible that could lead to a government shut down although probably not right away. president obama suggested right befo
economy. they are demanding more spending cuts before they agree to raise the nation's debt ceiling. the debt ceiling is announcing the amount of money the states can borrow. today the president responded to some republicans who say they are willing to shut down the government if the president doesn't back down. ultimately congress makes decisions about whether or not we spend money and keep the government open. if they decide they want to shut down the government in order to get their way they...
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Jan 21, 2013
01/13
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a look at the sluggish obama economy next. it's a new day. if your a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common side effects include skin redness or irritation where applied, increased r
a look at the sluggish obama economy next. it's a new day. if your a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or...
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Jan 14, 2013
01/13
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economy hostage. here's the president. >> they will not collect a r ransra ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. >> and house speaker john boehner responded quickly saying the house republican majority will do the responsible thing. will make sure the nation meets its obligations, will keep the government running. that's trying to take that specter of the government shutdown off the table. we've got a real confrontation brewing because the president says i'm going to break the habit of crisis-driven fiscal negotiations. and if he succeeds in that, somebody's going to have to break. we're going to find out pretty soon. because the debt ceiling could be hit in as little as one month from now. >> it's interesting that we still haven't had any ideas, though, on spen
economy hostage. here's the president. >> they will not collect a r ransra ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. >> and house speaker john boehner responded quickly saying the house republican majority will do the responsible thing. will make...
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Jan 17, 2013
01/13
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the financials are a pure play against an improving economy. that is a procyclical type investment strategy looking at industrial financial technology. i think that is where we are. liz: american express, you also like leucadia as another pic. i guess it acts as a dow component. would love to know your perspective right now. >> they put out a good number today. again, here' here is another sin where management is running the business very well. additionally they have the right kind of finance in here right now, the upper echelon client, those people who pay their bills and pay them on time, you also have the benefit getting exposure in the emerging market. one of the keys for being successful for big businesses right now is to make sure you have exposure in these emerging markets. that is where real growth is happening and they could offset to that 2% growth rate we are experiencing in the u.s. that is one of the things you havlook for in these markets rit now. david: information technology, you are big on ebay. why? >> if you look at what ebay
the financials are a pure play against an improving economy. that is a procyclical type investment strategy looking at industrial financial technology. i think that is where we are. liz: american express, you also like leucadia as another pic. i guess it acts as a dow component. would love to know your perspective right now. >> they put out a good number today. again, here' here is another sin where management is running the business very well. additionally they have the right kind of...
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Jan 18, 2013
01/13
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believe it or not the flu costs our economy $87 billion. i don't know about you but regardless of all the medicine and remedies and germ sanitizers available it still seems like everyone i know is either out with the flu or they're panicked about getting it. makes me wonder if we need to take a step back, take a deep breath and ask of all the money we're spending is just going down the drain? with me is dr. sreedhar potarazu. head of vital spring technologies. dr. p, welcome back to the show. >> thank you for having me back. melissa: stop the purell madness. i'm surrounded by it here on the set because we have it all over the building. everyone is sick. everyone is panicked. you hear my voice. everyone we're all sick but we're purelling ourselves to death. is it not working? >> well, do you have a bottle on your desk right now? melissa: it is funny that you should say that because, yes i do. i have one in my purse. and -- >> turn the bottle around and tell me what the percentage of alcohol is in that? >> 70%. >> that one is okay but a lot o
believe it or not the flu costs our economy $87 billion. i don't know about you but regardless of all the medicine and remedies and germ sanitizers available it still seems like everyone i know is either out with the flu or they're panicked about getting it. makes me wonder if we need to take a step back, take a deep breath and ask of all the money we're spending is just going down the drain? with me is dr. sreedhar potarazu. head of vital spring technologies. dr. p, welcome back to the show....
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Jan 21, 2013
01/13
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we are going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause] hey. [applause] cominght you weren't out! i thought you weren't coming. but you changed your mind. [applause] >> hi, everybody. [applause] excuse our tardiness, but you know what? when stevie wonder has a few words to say to you, you don't rush stevie wonder. pardon our delay. [applause] thank you so much. thank you for that kind introduction. more importantly, thank you for your leadership. [applause] i love joe biden. [applause] i love jill a little bit more. [laughter] but i want to thank you both for making this journey so much more fun. our families have bonded and this has just been a phenomenal four years. i am ready to do four more with both of you. most of all, i want to thank all of you here tonight for everything you have done to bring this inauguration to life. this weekend has been such a wond
we are going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause] hey. [applause] cominght you weren't out! i thought you weren't coming. but you changed your mind. [applause] >> hi, everybody. [applause] excuse our tardiness, but you know what? when stevie wonder has a few words to say to you,...
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Jan 20, 2013
01/13
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economy is not in freefall, one of two wars, at least, has wound down. so, these -- no two of these speeches are different, no two presidential administrations are different. i think tomorrow reflects a more hardened time. >> is there something liberating about being a second-term president that you are not facing reelection? >> i guess some you and i were talking before we went on the air how will this speech differ from a state of the union? will there be present day references? mostly there for the test of time but will there be a newtown reference? will we get through the speech without a reference to lincoln's second inaugural? we will have doris kerns goodwin on hands tomorrow, who wrote the book, just in case. i think is something probably liberating. second terms are for legacy. second terms can be fraught and problematic. >> you have a big day tomorrow. >> as do you. >> our inaugural coverage begins tomorrow morning on "today," and brian then leads our extended coverage throughout date here on nbc. >>> there will be an inaugural poem read during
economy is not in freefall, one of two wars, at least, has wound down. so, these -- no two of these speeches are different, no two presidential administrations are different. i think tomorrow reflects a more hardened time. >> is there something liberating about being a second-term president that you are not facing reelection? >> i guess some you and i were talking before we went on the air how will this speech differ from a state of the union? will there be present day references?...
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Jan 14, 2013
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yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where the headlines have been negative. the news flow has been awful. performance has been awful as well. so the market in europe has more reflected the performance of the real economy than it has here in the u.s. the fed qe program, the safe haven of the u.s. has caused money to flow to this part of the world. i think that leaves the u.s. a little pricier and perhaps more of a risk. >> it takes courage to fight the fed, though, right? >> absolutely. but ultimately and jack said it, fundamentals do matter. i think the market will reflect those. >> i heard active management does better in down markets than the index. they do better in the up markets. >> no question about it. and if you looked at the '08 to first quarter of '09 period, many people left them, haven't come back. god forbid we have another experience like that. then you'll see the index funds have a hard time recapturing the momentum. >> you see a blend of active and passive? >> i think
yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where the headlines have been negative. the news flow has been awful. performance has been awful as well. so the market in europe has more reflected the performance of the real economy than it has here in the u.s. the fed qe program, the safe haven of the u.s. has caused money to flow to this part of the world. i think that leaves the u.s. a little pricier and perhaps more of a risk....
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Jan 17, 2013
01/13
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you've got a slowdown in the global economy. do you still think we're going to see money moving into equities despite some of these challenges knowing that that's exactly what we saw at year end anyway? do you think that it continues? >> well, there's no question. unfortunately, there's continued uncertainty around washington and the actions of washington. i don't believe that we're going to see a continued slowdown in the global economy though. you know, the movement, what you're seeing in japan and the japanese stock market starting to reflect that, you're -- you know, you have the japanese government trying to really reboot that economy. you're seeing the chinese government and the new leadership trying to reboot their economy, so, if any, you're going to see probably an accelerated economy n.parts of the world i still think we'll have structural problems in europe and all the uncertainty about the united states so i don't believe it's going to be as bad as it sounds. the u.s. certainly may, but i actually think what's going
you've got a slowdown in the global economy. do you still think we're going to see money moving into equities despite some of these challenges knowing that that's exactly what we saw at year end anyway? do you think that it continues? >> well, there's no question. unfortunately, there's continued uncertainty around washington and the actions of washington. i don't believe that we're going to see a continued slowdown in the global economy though. you know, the movement, what you're seeing...
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Jan 15, 2013
01/13
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the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to levels that we haven't seen even back when we had the economic problems in the start of 2009. it would be worse than that. what do you think? >> it would be a complete disaster. and both sides have acknowledged that, that i think the president put it really well today when he said that the republicans are essentially saying if we don't get 100% of what we want, we're going to blow up the economy. and nobody doubts that it would blow up the economy. but also what they're pushing for is deep cuts that will hurt that very same list of people you started the segment with. they want cuts to social security, to med
the rest of the world is counting on our economy right now to keep growing so the world economy can keep growing. when newt gingrich says this is a bad idea to use -- hold the country hostage to the debt ceiling, when newt gingrich looks like a moderate and a statesman, i think the republicans ought to rethink their strategy. >> ruth, how badly would this damage the economic recovery? i think it would totally wipe it out. it would probably bring from what i could see unemployment to...
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Jan 16, 2013
01/13
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grow the economy by bringing in some certainty to it. if he wants to fight hard for tax rate increases, he ought to be fighting just as hard for spending cuts. >> you know, governor, he made an interesting point during his news conference this week where he said if -- if this debate is just about reducing the fiscal deficit, he's on board and let's get it done, but he suspects that there are a lot of conservative republicans out there for whom this debate is about the bigger picture of the role the federal government plays in americans' lives, and he said that's not a debate he wants to have. he doesn't want to be cutting entitlement programs just because conservatives want to reduce the role of government in americans' lives. is it possible we're having two simultaneous debates at once here? >> well, he's got to reconcile the differences. almost like saying i know i'm overweight but don't ask me to go on a diet. i mean, there's got to be efficiencies found in the federal government. the fact that we're cutting spending doesn't mean that
grow the economy by bringing in some certainty to it. if he wants to fight hard for tax rate increases, he ought to be fighting just as hard for spending cuts. >> you know, governor, he made an interesting point during his news conference this week where he said if -- if this debate is just about reducing the fiscal deficit, he's on board and let's get it done, but he suspects that there are a lot of conservative republicans out there for whom this debate is about the bigger picture of...
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Jan 19, 2013
01/13
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so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007 or 2006, we see increases in production. rising house prices will affect household wealth. that is what i hope will be a better year in 2013 and 2014. a few other things that are positive, just to point out, is that state and local governments which had been very contraction remote -- great contraction ary mode, they are in better shape than they were. as a result, they will not be a drag on the academy that they have been in the last few years. -- on the economy that they have been in the last few years. energy. consumers are more
so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007...
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Jan 21, 2013
01/13
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economy which means a lot to u.s. companies, but at the same time, the peso, if there is more pressure on that currency, what does that mean for us, do you think? >> so the peso has been pretty interesting because their central bank last week did a little bit of a 180 because they were expecting that they were going to be raising interest rates sometime here in 2013. and they kind of just pulled the rug out underneath it saying, you know, there's the potential that we might actually start to, you know, maybe reduce interest rates. [talking over each other] >> it was definitely something that caught participants by surprise, testing some previous 2012 lows there in terms of dollar mexico. it will be interesting to see if that trend continues. but mexico i think is a currency that we still want to be going into going forward. cheryl: one of the things we look on a daily basis during the market hours is what the euro is doing versus the dollar. always surprised me that the euro never went below like a $1.22 or so against
economy which means a lot to u.s. companies, but at the same time, the peso, if there is more pressure on that currency, what does that mean for us, do you think? >> so the peso has been pretty interesting because their central bank last week did a little bit of a 180 because they were expecting that they were going to be raising interest rates sometime here in 2013. and they kind of just pulled the rug out underneath it saying, you know, there's the potential that we might actually start...
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Jan 20, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair c
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most...
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Jan 14, 2013
01/13
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FBC
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economy which is still the biggest economy in the world, if you've got a weak economy, unfortunately, i know you are saying good economy, but some are saying we are going to have a weak economy in 2013, if that's the case, do i want to be high yield? does that make sense to you? >> yeah, it does because high yield you get paid a lot of different ways. high income, risk adjusted return. last year up over 15%. almost as much as equities, but you're still getting paid to take that risk to be in there. global bonds is a win-win-win. you get paid on yield. you get paid on -- for diversification. you get paid on currency risk. so that's a good place to be. and i'm not saying we're in armageddon on the equities side i do like mid caps, but what i think you need to be is make sure just trim back a little bit on equities, and i don't think it's the end of the world. but good economy part is the consumer. we like the consumer because the fed with the quantitative easing is bolstering the consumer through housing, and that's why i think for the consumers, for main street, it's going to feel good
economy which is still the biggest economy in the world, if you've got a weak economy, unfortunately, i know you are saying good economy, but some are saying we are going to have a weak economy in 2013, if that's the case, do i want to be high yield? does that make sense to you? >> yeah, it does because high yield you get paid a lot of different ways. high income, risk adjusted return. last year up over 15%. almost as much as equities, but you're still getting paid to take that risk to be...
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Jan 15, 2013
01/13
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debt as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. will that be the moment for investors to get in. good to see you, gentlemen. thanks so much for joining us. what are you expecting in terms of this market 2013? >> sure. well, right now we're at 1472 on the s&p. we think it's going to go marginally higher from here, but it's not going to be a smooth ride. we've got a vix at 13 and change. that's too low. that's where the complacency comes from. you see it there. as we move into the debt ceiling debate, it can be far harder to solve than the taxes, we think the market can be down for a while, and before it comes back up. >> so you're looking for a decline, and perhaps that is an entry point for some. do you agree with that? >> i think any decline is an opportunity to buy, maria. i'm very, very bullish on u.s. equities and one of the main reasons i am the u.s. energy story which i think is a story that's not being told as well as it shou
debt as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. will that be the moment for investors to get in. good to see you, gentlemen. thanks so much for joining us. what are you expecting in terms of this market 2013? >> sure. well, right now we're at 1472 on the s&p. we think it's going to go marginally higher from here, but it's not going to be a smooth ride. we've got a vix...
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Jan 16, 2013
01/13
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he now owns this economy. it is his, it's got his name written all over it. >> sean: he was blaming the republicans, they forced me he to sign these things. >> okay, but here is the thing. >> sean: he blamed george bush. >> but it works for him. and bob beckel, the sage of the "the five" says this president redefined teflon ands it's true, that's why the republicans say, that being that, what's the best policy and what can we do. they're he not going to get what they want when they have president obama in the white house and senator reid in the senate. >> sean: wait a second you and i may have a disagreement and i love you to death. >> i feel that disagreement. >> sean: i know. >> coming on. >> sean: and i'm going to say this gently, stuart, help me. seriously, republicans were not elected to raise the debt ceiling and bring us into more debt and steal from our kids. where is the moral imperative that somebody, some party in in country is going to stand up and say enough is enough and we've got to live within
he now owns this economy. it is his, it's got his name written all over it. >> sean: he was blaming the republicans, they forced me he to sign these things. >> okay, but here is the thing. >> sean: he blamed george bush. >> but it works for him. and bob beckel, the sage of the "the five" says this president redefined teflon ands it's true, that's why the republicans say, that being that, what's the best policy and what can we do. they're he not going to get...
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Jan 21, 2013
01/13
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CNBC
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what does the president need to do, what can he do to get the economy growing? >> well, look, in the near term what he needs to do, and i'm not sure politically -- forget about the politics, which is is interesting. he told his staff, give me good advice, forget about politics for now. i think that makes sense. i think he's in a similar space to where you're asking. i think what he needs to do in the short term is think about fiscal measures to help complement what the federal reserve is doing. they have the pedal to the metal on interest rates. they're very low. absent more demand on the consumer side, obviously low interest rate isn't going to be enough. so he has to do some of these jobs measures and you have actually seen some of those slipping into the budget bills. infrastructure is something he'd really like to see more of. >> chuck, even if republicans have backed away on debt limit as a potential threat, do you really think that they're going to cooperate on stimulus as jared is recommending? >> no, i think that's probably a bridge too far. i do think t
what does the president need to do, what can he do to get the economy growing? >> well, look, in the near term what he needs to do, and i'm not sure politically -- forget about the politics, which is is interesting. he told his staff, give me good advice, forget about politics for now. i think that makes sense. i think he's in a similar space to where you're asking. i think what he needs to do in the short term is think about fiscal measures to help complement what the federal reserve is...
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Jan 15, 2013
01/13
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what does that mean for our economy? senator rob portman says he's got an idea and alternative. that senator up next. here he comes. >>gretchen: welcome back. how big of a threat is our national debt? one theme from the hbo film "too big to fail" spells out the risks pretty clearly. watch it. >> the threats from russia, they suggest we coordinate and without warning dump hundreds of billions of if fannie's and freddie's bonds on to the market. the amount of debt your country carries is a terrible vulnerability. >>gretchen: a terrible vulnerability. senator rob portman couldn't agree more. he's a member of the senate finance committee and former budget director for george w. bush. good morning to you, senator. when we hear this vulnerability, you agree with that; right? >> absolutely. the president yesterday said we need to raise the debt limit because we have to pay our bills. we're at historic levels, $130,000 per family right now, over $16.5 trillion. yes, we need to raise the debt limit at some point but we have to do it in the context of getting the spending under control. t
what does that mean for our economy? senator rob portman says he's got an idea and alternative. that senator up next. here he comes. >>gretchen: welcome back. how big of a threat is our national debt? one theme from the hbo film "too big to fail" spells out the risks pretty clearly. watch it. >> the threats from russia, they suggest we coordinate and without warning dump hundreds of billions of if fannie's and freddie's bonds on to the market. the amount of debt your...
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Jan 16, 2013
01/13
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think is the most important problem facing the country, this was an open ended question at the top, economy in general at 21%, goes down to the federal budget deficit, dissatisfaction with government, unemployment, taxes, all the way at the bottom is gun. >> the web video which targets basically the president's children, who have secret service protection, as all children of presidents. over the line? >> based on this poll, he should have been apologizing for those children to breaking their piggy banks to pay for the national debt. that's what americans are concerned about. >> i'm asking you about the web video. >> because his children -- >> which children? >> children he had there on display, because his children, his own children, are well protected. joe biden opened up by saying that schools should be a sanctuary. well, he must have this confused, because the president's girls do go to a sanctuary, well-armed there, but most american kids are not protected at all. >> you don't think the president's children should be off limits? >> i think she should be protected and i think our childre
think is the most important problem facing the country, this was an open ended question at the top, economy in general at 21%, goes down to the federal budget deficit, dissatisfaction with government, unemployment, taxes, all the way at the bottom is gun. >> the web video which targets basically the president's children, who have secret service protection, as all children of presidents. over the line? >> based on this poll, he should have been apologizing for those children to...
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Jan 21, 2013
01/13
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our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could have gone further and didn't or where he regrets not going further. >> i'm going to point to his own words. he believes he could have done a better job communicating with the american people. we've been talking about what we were dealing with. the financial crisis, the economic crisis, building a new administration. we had our hands full. i think frying ing trying to g that done and take the emergency steps to sure up our banks, some things were lost in there including communicating with the american people but why we were taking th
our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could...
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Jan 17, 2013
01/13
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WBAL
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., and worse, they think washington is hurting the economy. the whole poll is on our website right now. nbcnews.com. >> boy, those numbers didn't have much far further to go. chuck todd in our d.c. newsroom tonight. thanks for all of it. >>> weather is making news tonight. a very large winter storm system has left quite a bit of snow on the ground from the deep south, and we're talking about mississippi, alabama, rare snow on the ground there, to the mid atlantic tonight. systems moving fast, but the snowfall where it's falling is heavy and intense. there is one storm-related death to report. thousands are without power. you're looking at a live picture of the scene outside richmond right now. they could get up to 6 inches there tonight with a rain/snow mix, hazardous travel expected tonight, right up through the carolinas. it will all move out to sea by tomorrow. it will nick the jersey shore and at least long island on its way out. >>> still ahead as our broadcast continues, the mystery coming ashore. the tsunami trash that floated halfway a
., and worse, they think washington is hurting the economy. the whole poll is on our website right now. nbcnews.com. >> boy, those numbers didn't have much far further to go. chuck todd in our d.c. newsroom tonight. thanks for all of it. >>> weather is making news tonight. a very large winter storm system has left quite a bit of snow on the ground from the deep south, and we're talking about mississippi, alabama, rare snow on the ground there, to the mid atlantic tonight. systems...
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Jan 17, 2013
01/13
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FBC
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economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned two americans are on their way to london. bp is pulling nonessential personnel out of algeria. details here still very fluid. there is a lot of conflicting reports out there. here to help us sort it out, john bolton, former ambassador to the united nations. he is also a fox news contributor. i want to start out, can you put this in perspective for us. how big of a deal is it to the u.s.? >> i think we should consider it very significant. even though it is in algeria a long way away. when you combine it with the hostilities in mali, the fact t
economy led to an early slide for gold. swung back late in the session and hit a one-month high settles at 1690.80 an ounce. >>> our top story is the frightening situation in algeria where a botched attempt to free hostages from bp's natural gas complex turned deadly. al algerian source tells reuters 30 hostages were killed. seven foreigners, two japanese, one britain, a french national. seven americans are missing. the white house is saying some are not accounted for. fox news learned...
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Jan 17, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses if your a man with low testosterone, you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. ser
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses if your a man with low testosterone, you should know that axiron is here. the only underarm treatment...
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Jan 21, 2013
01/13
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LINKTV
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gets the economy back on solid ground. and move the progressive agenda floor. >> we have to get the economy going. to many people are unemployed. >> gun control, immigration reform, and deficit reduction. >> monday happens to be a federal holiday in the u.s.. >> what is memorable about this inauguration, it comes on martin luther king's birthday, the holiday we celebrate. he's using martin luther king jr.'s bible. he has got to take off from his great speech, i have a dream, back in 1963. and remember, martin luther king's dream did not only include ending segregation. it included ending needless wars, fighting poverty, and making america a more equal country. barack obama, tell us what your dream is for the second term and once that is over, once you have inspired us, go about the hard work of implementing that dream. it is a dream speech i am looking for. >> angela merkle. but the omens are not good. her coalition has just lost a regional election that was widely viewed as a test of public opinion. >> at first, it looked
gets the economy back on solid ground. and move the progressive agenda floor. >> we have to get the economy going. to many people are unemployed. >> gun control, immigration reform, and deficit reduction. >> monday happens to be a federal holiday in the u.s.. >> what is memorable about this inauguration, it comes on martin luther king's birthday, the holiday we celebrate. he's using martin luther king jr.'s bible. he has got to take off from his great speech, i have a...
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Jan 18, 2013
01/13
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CSPAN
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the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. talk didn't come here to about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that is how to deal with the epidemic
the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left,...
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Jan 20, 2013
01/13
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WUSA
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still that means hundreds of thousands of visitors adding millions of dollars to the local economy. they're coming from all parts of the country for the celebrations this weekend. jennifer shows us the glitz and glamour behind the state inaugural fashion show. >> reporter: a little light and glamour of hollywood found its way to washington this weekend. >> well, this is old california. >> reporter: the golden state is on full display with around 700 proud californians here to meet, greet and celebrate one of their strongest industry, fashion. >> california is the home of the red carpet, with hollywood and the glamour. >> reporter: this the fourth time the california state society has partnered with the fashion institute of design and merchandising for an inauguration and fashion show. it's an opportunity for californians on show off their state and pull out the red carpet. it's dotted with politicians and industry leaders having learned themselves how difficult it is to get there to success. >> i came when i was 25 from ohio to found a fashion college. started with 24 students and n
still that means hundreds of thousands of visitors adding millions of dollars to the local economy. they're coming from all parts of the country for the celebrations this weekend. jennifer shows us the glitz and glamour behind the state inaugural fashion show. >> reporter: a little light and glamour of hollywood found its way to washington this weekend. >> well, this is old california. >> reporter: the golden state is on full display with around 700 proud californians here to...
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Jan 21, 2013
01/13
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there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of presidents, it's often called where they will attend services. then he heads over to the c capitol for what he was talking about a moment ago. remarkably, the number is expected to be 600 or 800,000. that's roughly a third of the nearly two million who were here four years ago. his inaugural address tells nbc news earlier today, the president has finished writing those remarks just a couple days ago. jay carney said he didn't know if they were done, but he had seen a lot of yellow pads around the oval office. and finally, tomorrow night, two inaugural balls compared to the ten that they celebrated with ju
there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of...
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Jan 21, 2013
01/13
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. >> the economy is better, that is clear. housing is coming back. there is alignment between the business community and the priorities of the executive office. immigration reform. education. corporate tax reform. we need the other things we mentioned, the debt ceiling happened first. otherwise, this is going to be an uncertain year. >> why didn't you get picked if treasury? ing in against jack lew but they need guys like you. >> i am very flattered. fox should start a campaign for me. very flattered. >>neil: thank you, robert. when we come back, art laffer will join us and by the time that occurs the obamas and the bidens will be there. ÷÷ i have low testosterone. there, i said it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, m
. >> the economy is better, that is clear. housing is coming back. there is alignment between the business community and the priorities of the executive office. immigration reform. education. corporate tax reform. we need the other things we mentioned, the debt ceiling happened first. otherwise, this is going to be an uncertain year. >> why didn't you get picked if treasury? ing in against jack lew but they need guys like you. >> i am very flattered. fox should start a...
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Jan 14, 2013
01/13
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CNNW
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and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a lot of the people are on the far left or far right of the extremes of both ends. that's where people get all excited, get involved. either directly or their resources, their money behind in what they believe in. sometimes it draws them further apart. tom brokaw basically says that 75% of all of our congressional districts are bulletproof. so if you're there, and you've already established yourself, whether you're on the right or left, you're pretty well solid. so you only have to play to a certain core. and that's not healthy. and so a lot of changes need to be
and it begins to discolor and distort your very economy. sadly enough, that's where we're headed. >> do you all agree that the extremes on both parties, the right and left, are actually the ones who run the congress right now? start with you, senator. >> there's quite a bit of extremism. i don't need to tell you that, joe. there's very few of us left in the middle. the so-called middle, if you will, has been sh ink aring, shrinking and shrinking. let's talk about follow the money. a...
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Jan 15, 2013
01/13
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it would be a self-inflicted wound on the economy. so to even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. >> well, the president has got to get past the debt ceiling in order to achieve his second term agenda, but how does he do it when some republicans are threatening shutdown? chuck todd and howard fineman. chuck, you know, i get the sense i was listening to the late general schwarzkopf, the man shaping the battlefield. he's basically saying if this government gets shut down and we're not paying our bills, it's a decision by the republican-led house of representatives. he wants the story played that way. will the press or can it objectively say that if the government shuts down, it's the republicans, simply their doing? >> when it comes to the debt ceiling if we -- there's two separate questions here. one -- and there's two separate ideas of is there something to negotiate. one is debt ceiling, and what the president is saying there's no discussion on tha
it would be a self-inflicted wound on the economy. so to even entertain the idea of this happening, of the united states of america not paying its bills, is irresponsible. it's absurd. >> well, the president has got to get past the debt ceiling in order to achieve his second term agenda, but how does he do it when some republicans are threatening shutdown? chuck todd and howard fineman. chuck, you know, i get the sense i was listening to the late general schwarzkopf, the man shaping the...
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Jan 16, 2013
01/13
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FBC
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if thing so peach we this economy, -- peachy with this economy, why are neil: 401(k) not okay, people are so tapped out, one in four are tapping in just to meet their basic expenses, that is up just in last 4 years. you know don, you were warning about this. even in go-go period. to tap what are supposed to be the funds for retirement. like a cash register. now, understand abily more so. why do our about it? >> when they started this, they were replacing a pension with a 401(k). and they assumed two things, first money would go in and stay there and second it would be run properly, neither one happened. it has na not been run properly, people have been taking the money out, estimates vary 80% of what sposed to be there. in problem is that people who are most likely to take it out are those at lower income level who will needhe money when they retire more. neil: and they pay penalties and early withdrawel. th only argument for it, is what is worse, i'm borrowing for myself, and paying myself back? >> you can't pay yourself back, you can take it out but you can't put it back in. in a ta
if thing so peach we this economy, -- peachy with this economy, why are neil: 401(k) not okay, people are so tapped out, one in four are tapping in just to meet their basic expenses, that is up just in last 4 years. you know don, you were warning about this. even in go-go period. to tap what are supposed to be the funds for retirement. like a cash register. now, understand abily more so. why do our about it? >> when they started this, they were replacing a pension with a 401(k). and they...
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Jan 18, 2013
01/13
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FBC
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so there are ways that we can do it, but to say that we're not -- we're going to jeopardize the economy of the united states and frankly even the world by not paying the bills that have already been incurred is absolutely -- [talking over to each other] david: you were willing to bring us to that brink in 02, 04, and 06. >> no i wasn't. david: you voted in favor of keeping the debt limit ceiling right where it was, that was the same kind of danger in going over into that default mode, no? >> it wasn't because that was a kind of protest vote knowing very full well that this was going to pass. are we seriously going to not let president bush pay for the debts that had been incurred? i absolutely would have voted in favor of raising the debt ceiling. david: final question about spending because i'm getting a wrap here. >> sure. david: we had in 2008 we had spending level of about 3 trillion dollars. in 2009 that ballooned up about 20% to about 3 1/2 trillion dollars. now, a lot of that was because of the stimulus program, which was part bush and part president obama. but then we remained a
so there are ways that we can do it, but to say that we're not -- we're going to jeopardize the economy of the united states and frankly even the world by not paying the bills that have already been incurred is absolutely -- [talking over to each other] david: you were willing to bring us to that brink in 02, 04, and 06. >> no i wasn't. david: you voted in favor of keeping the debt limit ceiling right where it was, that was the same kind of danger in going over into that default mode, no?...
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Jan 20, 2013
01/13
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federal spending is dragging our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your representatives. the president has already missed more budget deadlines than any of his predecessors. the house and senate are also required by law to submit a budget each year. by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again m
federal spending is dragging our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your...
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Jan 16, 2013
01/13
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and it could be great for the american economy. the tech industry wants to reform because it would stop the brain drain of highly skilled workers. putting undocumented laborers on the books is a good thing because it pumps dollars into the economy. i am joined tonight by hilda solis, secretary of labor who is leaving that position, but in my opinion has done a fabulous job. >> thank you. >> you've been a tremendous advocate across the board for not just labor, but for the environment, green jobs, women's rights. >> thank you. >> the lot. hilda, what about immigration reform and what it would mean to the treasury. how many more americans, how many more people would we get on the rolls on paying taxes in this country if it were done properly? >> well, if people were thinking rationally, we would look at putting money back into our treasury and the social security fund, in the medicare and medicaid fund, because people would be brought out of the shadows. you're talking about billions of dollars. in fact, what the president has done r
and it could be great for the american economy. the tech industry wants to reform because it would stop the brain drain of highly skilled workers. putting undocumented laborers on the books is a good thing because it pumps dollars into the economy. i am joined tonight by hilda solis, secretary of labor who is leaving that position, but in my opinion has done a fabulous job. >> thank you. >> you've been a tremendous advocate across the board for not just labor, but for the...
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Jan 19, 2013
01/13
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the economy, he's at 48%. what's the second most important? the deficit, we know that's been in the news lately, 41%. so it depends on the issue. >> and gun policy is in there as well. that snuck in there. has the president lived up to expectations, do you think, according to our polls? >> we asked just that and you can see from these results, about one in ten, 13% said he has exceeded expectations over the last four years. about four in ten says he's met expectations. a slight majority says yes, he's met or exceeded expectations. at the bottom, almost half said he fell short of expectations. these numbers are a little bit better now than they were a year and a half ago. >> the man with all the numbers for us this morning. paul steinhauser, nice to see you here. this weekend, the focus is on the inauguration, as we've been talking about, but it is the next four years that concern president obama, of course. the problems and the potential pitfalls. oh! progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less,
the economy, he's at 48%. what's the second most important? the deficit, we know that's been in the news lately, 41%. so it depends on the issue. >> and gun policy is in there as well. that snuck in there. has the president lived up to expectations, do you think, according to our polls? >> we asked just that and you can see from these results, about one in ten, 13% said he has exceeded expectations over the last four years. about four in ten says he's met expectations. a slight...